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xnx
29 days ago
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Congress Clears Housing Bill, Cementing a Rare Bip...
> Eliminating Fannie and Freddie would constrain the funds available for mortgage loans and prices would skyrocket
Wouldn't less mortgage money available for homes make the prices of homes drop?
stogot
29 days ago
[–]
Even if: If people can’t get a loan, then the only ones who can afford to buy a discounted home are the wealthy. Now you have two proboems
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Wouldn't less mortgage money available for homes make the prices of homes drop?